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20121208
20121208
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prospect of the nation going over the fiscal cliff, the november jobs report delivered better-than- expected news. the labor department said the nation's unemployment rate fell to 7- point-7 percent last month, the lowest in almost four years. >> it's a steady report that shows we continue to see jobs coming back but we still have a long way to go. >> businesses added 146,000 new jobs. retailers, boosted by holiday hiring, accounted for about one- third of them. economists expected about 77,000 new jobs, given the toll of superstorm sandy and concerns about the fiscal cliff. tax increases and spending cuts are set to trigger after january first unless the white house and congressional republicans strike a compromise. house speaker john boehner said friday the president's current approach could hamper future job growth. >> because the risk the president wants us to take, increasing tax rates, will hit many small businesses that produce 60 - 70 percent of the new jobs in our country >> democrats argue that without tax increases on the the revenue necessary to combine with the sa
the release of the fiscal cliff coming up. janu will have the lead is with our forecast coming up. >> we are back. president obama is continuing to push for his middle class tax cut plan. in his weekly me the address, obama accuses house republicans of blocking a bill that would prevent a tax increase on the middle class. the democratic controlled senate has approved a plan. o obamas as a house bill lores rates for the wealthiest americans, instead of raising them as he has proposed. >> this is the only way to put our economy without asking more. this is the only plan that i am willing to sign. >> for the gop, florida senator marco rubio says tax increases will not solve the nation's 16 trillion dollar debt. he says the only way to do that is through economic growth and reform of entitlement programs. rubio says that limited government can help restore the middle class. >> be extra careful of side due to the fog. this is a view from our mt. tam and there is fog in the midst of clouds. it is partly cloudy. it is mostly sunny conditions for the afternoon. clear skies are expected for the a
Search Results 0 to 1 of about 2